A recent and unexpected client experience prompted us to write this article about estate planning. Our client, the seller, was in contract on her home when she fell and broke her arm. She was admitted to the hospital for surgery and experienced complications. In a normal pre-COVID world, a notary would have been able to visit her and obtain the signatures required for closing.
However, the hospital in question does not allow any notaries due to COVID and does not have a designated staff person to act as a notary. In excess of $12,000 in legal fees later, the closing papers were ultimately signed.
Here are some items we would suggest you consider:
For any additional information, we suggest that you discuss it with a qualified estate attorney.
And as always, we remain committed to helping our clients achieve their current and future real estate goals. Our team of experienced professionals are happy to discuss the information we have shared in this newsletter. We welcome you to contact us with any questions about the current market or to request an evaluation of your home or condo.
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You’ve got questions and we can’t wait to answer them.